The Honolulu-based carrier, which was owned by Gavarnie Holding LLC, said last month that it was being sold to an unnamed buyer, and Ellison, CEO of Oracle Corp. (Nasdaq: ORCL) was identified as the buyer.
A source confirmed that to PBN Tuesday before Island Air officials made the official announcement that the transaction had closed.
Paul Marinelli, vice president of Lawrence Investments, Ellison’s investment company, said Ellison realized soon after closing on his purchase of 98 percent of Lanai from Castle & Cooke’s David Murdock last year that travel to the Pineapple Isle would be an issue, Marinelli said at a news conference at Island Air’s hangar near Honolulu International Airport.
“A month or two after closing the Lanai transaction it became pretty obvious to Mr. Ellison” that this was going to be a challenge, Marinelli said. “It goes without saying, Island Air is critical to the island of Lanai and that certainly was the impetus for beginning discussion.”
Ellison plans to retain the airline’s 245 employees, as well as the name Island Air.
The airline will also eventually increase service to all of Hawaii’s islands, Marinelli said.
Island Air operates two de Havilland Dash 8 aircraft and plans to put its new 64-seat ATR 72 aircraft into service as early as this week, the airline said.
(Report Provided by Pacific Business News)
UPDATE: Power has been restored to all customers in the area as of 3:25 p.m.
Maui Electric Company would like to inform the public that the following areas are experiencing a power outage: Kahului airport area bounded by Keolani Place and lateral streets. MECO is working to identify the cause and restore electrical service as quickly and safely as possible.
An update will be provided as soon as more information becomes available. We thank you for your patience and understanding.
HONOLULU – The Department of Public Safety Director Ted Sakai held an internal, top-to-bottom procedural review of last week’s escape incident to see what went wrong and work on ways to improve security during transports. Today Director Sakai held a news conference to discuss the findings.
Yesterday, officials from Oahu Correctional Center briefed the Director on the entire timeline, from when the van was loaded until the escape. It is procedure to put full handcuffs, belly chains and leg shackles on all inmates being transported. During the review, it was noted that no one in that van had leg shackles on.
“The escape could have been prevented if shackles were put on Teddy Munet’s legs,” said DPS Director Ted Sakai. “As a result, all Adult Corrections Officers who handle transports are currently undergoing refresher training. I have also asked the National Institute for Corrections to send in an expert who will advise on best practices for Corrections transportation”.
A misconduct investigation is also currently underway.
During today’s news conference, Director Sakai spoke to the news media about several other concerns brought up in recent days. The open gate during off loading was addressed. Immediately after last week’s incident, Director Sakai issued a mandate, in writing and verbally, that all protocol regarding inmate transfer will be followed. The gate will be closed and locked while the inmate unloading is in progress. All other vans will wait outside the sally port until that van has cleared.
The manual gate and overcrowding in the sally port was also discussed. The building is owned by the Judiciary. Director Sakai has already begun setting up meetings with Judiciary representatives to discuss the possibility of adding an automatic gate as well as limiting that entrance to just Law Enforcement and Corrections transports.
Another issue brought up in the past few days was overall communication. As a result, the Nixle Alert System was implemented on Friday. Anyone can go to Nixle.com and sign up for free. Alerts from Public Safety as well as local law enforcement and other agencies can be sent directly to their phone or email.
The Corrections Division is also working with the Sheriff Division to get hooked into their radio system. This will promote a more streamlined communication effort between OCCC and the Sheriff dispatch.
Washington, D.C. — Senator Mazie K. Hirono, a member of the Senate Armed Services Committee, released the following statement on her vote today to confirm Secretary of Defense nominee Chuck Hagel:
“Senator Hagel brings an impressive record of service and is a highly qualified choice to lead the Pentagon. Our country needs Senator Hagel’s strong leadership immediately, as the Department of Defense faces the possibility of significant budget reductions that will affect military readiness at a time when there are many threats to our national security around the world.
“I also want to thank outgoing Secretary of Defense, Leon Panetta, for his exceptional service. His accomplishments include carefully managing the drawdown of the wars in Iraq and Afghanistan, opening combat roles to women and implementing the repeal of the ban on gays serving openly in the military.”
The siren at Kilohana Elementary School on Moloka’i will be tested on Wednesday, February 27, between 11:00 a.m. and 2:00 p.m.
The Kilohana siren was recently replaced with an upgraded siren that will better serve the area. The upgraded siren will have a half-mile radius, solar backup power, and a composite pole with a lifetime warranty against termites and rot. State Civil Defense Radio Technicians will be on Moloka’i that morning for the final installation of the new siren.
EFFECTS: Residents in this area may hear the siren sound for 30 second intervals during the identified time period. Technicians will use data gathered from this test to verify operational status.
As a reminder, the monthly Emergency Alert System and Siren Warning System test will take place as normally scheduled on the first working day of the month, Friday, March 1, at 11:45 a.m.
INFORMATION: Molokai residents may call Maui County Civil Defense at 553-9060 if they have any questions or concerns regarding this test of the Statewide Outdoor Siren Warning System.
WAILUKU – Mayor Alan Arakawa, in conjunction with the Maui Chamber of Commerce, is pleased to announce the winners of the 2013 Mayor’s Small Business Awards, which was held February 21 at the King Kamehameha Golf Club Waikapu Ballroom.
“Small business is MauiCounty’s most important economic engine, and we should never forget the sacrifices that business owners make every day to keep their businesses operating,” said Mayor Arakawa. “They take on risk, work long hours, and put their personal assets on the line while providing jobs, services and goods to our community. We are fortunate to have such a strong small business community in MauiCounty and are privileged to honor them.”
This year’s nominees are an exceptional group of small businesses who are all deserving of awards. The winners in each category are as follows:
Young Small Business Person of the Year
David “Boze” Kapoi (Pride Ink)
Exceptional Small Business (10 or fewer employees)
Paris Nababi (Cilantro Mexican Grill)
Exceptional Small Business (11-25 employees)
David & Ululani Yamashiro (Ululani’s Hawaiian Shave Ice LLC)
Exceptional Small Business (26-50 employees)
Daniel Boren (Skyline Eco-Adventures, LLC)
Outstanding Non-Profit Business
Habitat for Humanity Maui
Lifetime Achievement Award
The Late Douglas Wayne “Butch” Akina & Sandra Akina (Akina Aloha Tours)
Mahalo to event co-sponsors Bank of Hawaii, First Hawaiian Bank, Central Pacific Bank and Muneyiko & Hiraga, INC., as well as to event supporters SCORE and VIP Food Service.
Many thanks to the Maui Chamber of Commerce for helping to co-produce the event along with the Mayor’s Office of Economic Development.
Congratulations to all 2013 Mayor’s Small Business Award Nominees and Winners.
Copyright © 2015 - Island News Technologies, LLC - All rights reserved